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Co-Opting Revolution in the Post-Revolutionary Age - Revolution as Embedded Counter-Culture in Swedish Finance

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  • Norberg, Peter

    () (Dept. of Business Administration, Stockholm School of Economics)

Abstract

From the 1980s and onwards, markets have been prime movers in an individualist, market-liberal transformation, and now take part in the every-day life of the general public. Similar to economic development, also personal identity has become fuelled by consumption. Production and work turn more peripheral vis-à-vis the self-project. Instead of the process of production, objects of consumption, in which to express one’s individuality become situated at the centre of business-life. Consumers with values of expressive individualism view seemingly non-conformist products as attractive. Swedish finance is here analysed as a formerly conservative sector of business that because of an increasingly focus on speed opens up to notions of counter-culture and even revolution.

Suggested Citation

  • Norberg, Peter, 2006. "Co-Opting Revolution in the Post-Revolutionary Age - Revolution as Embedded Counter-Culture in Swedish Finance," SSE/EFI Working Paper Series in Business Administration 2006:7, Stockholm School of Economics.
  • Handle: RePEc:hhb:hastba:2006_007
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    File URL: http://swoba.hhs.se/hastba/papers/hastba2006_007.pdf
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    References listed on IDEAS

    as
    1. Muniz, Albert M, Jr & O'Guinn, Thomas C, 2001. " Brand Community," Journal of Consumer Research, Oxford University Press, vol. 27(4), pages 412-432, March.
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    Keywords

    brokerage firms; co-optation; counter-cultures; ethical consumption; revolution;

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